BUZZ-Australia's PEXA falls but <a href="https://laohu8.com/S/MQG.AU">Macquarie</a> raises PT on half-year performance** Shares of PEXA Group PXA.AX are down 0.9 % at A$11.62
** Stock continues to retreat from gains seen on February 28 after co posted a 25% jump in HY revenue
** Macquarie raises price target on PXA to A$14.72 from A$14.64, with "outperform" rating
** Brokerage highlights the property settlements platform co's half-year performance; co reaffirms FY25 outlook as revenue came at top end of guidance
** Also notes co's higher margins, improved cash flow, and operational progress in the UK
** 8 of 10 analysts rate the stock "buy", 2 "hold"; their median PT is A$15.50, according to data compiled by LSEG
** Stock down 11% this year
(Reporting by Nichiket Sunil in Bengaluru)
((Nichiket.Sunil@thomsonreuters.com))
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